Summary China in its hunger for, well food, just ordered 2 million tons of U.S. Soybeans. The Teucrium Soybean ETF (SOYB) just turned up off of a bottom, crossed the 20-day moving average, is approaching the 50-day and Chaikin ratio is positive daily and weekly. I am diversifying some of […]
While we do not use call strategies often, we do use cash-secured put selling regularly. By taking advantage of people’s emotions which cause volatility, we can often sell a cash-secured put on a stock or ETF we like longer-term and generate income while building a position as some of the puts get “put to us” meaning we buy the underlying security. It is a professional strategy that takes some getting used to, however, if you are a long-term investor with a contrarian streak who likes to add income to the bottom line, this is THE strategy worth learning.
Before making any options trades, read Characteristics & Risks of Standardized Options, study the CBOE Education Center and engage in paper (pretend) trading for an extended period before trading options.
Most trades are hidden, however, several have been released to serve as samples. More will be released as the options expire.